The companies became involved, when U.S. Senator Daniel Inouye contacted them earlier this week.

Saltchuk and GMAC representatives are in court, presenting their cases.

If the deal is approved, 300 Aloha employees could go back to work Thursday night.

GMAC has agreed to resume funding the operations as soon as the Agreement has been approved.

"GMAC has gone to great efforts and expense to see a successful transition of the business," said Saltchuk President Tim Engle. "It has taken a great commitment from both of us to see this difficult process through to completion."